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Swarthmore College Gives Best Financial Aid, Say Princeton Review Rankings

Jul 28, 2009

by Scholarships.com Staff

Princeton Review released its annual college rankings yesterday, based on a survey of 122,000 students at colleges nationwide. The purpose of the list is to help students choose colleges based on what current undergraduate students at each school say, and rankings include such categories as best and worst dorm food, most politically engaged students, and most GLBT-friendly schools.

The most publicized of these rankings is the list of top party schools, with Pennsylvania State University unseating the University of Florida as number one this year. The party schools ranking is often seen as closely related to a combination of other rankings, which involve the availability of alcohol, the amount of time students spend studying and the presence of Greek life on campus. Many students at schools that top the party school list take pride in this designation, while university officials often see it as a cause for concern.

Other rankings may be more useful to many students and parents, especially the list of schools whose students are most satisfied with their financial aid packages. Swarthmore College, Stanford University, and Harvard University comprise the top three spots in the "Great Financial Aid" ranking, with a total of 13 colleges receiving an additional distinction from Princeton Review for receiving the highest possible rating for financial aid in their survey.

However, the self-reported nature of the information and relatively small number of students answering the surveys may not paint a wholly accurate picture of campus life, so incorporating other resources into your college search is important. This and other tools can help you find colleges to investigate further, but don't rule out a school entirely just because it is or is not on one of these lists.

Going to college doesn't have to break the bank or saddle you with tens of thousands of dollars in student loan debt. Check out the Scholarships.com free college scholarship search where you’ll discover you qualify for hundreds of thousands of dollars in scholarships in just a few minutes, then apply and win! It’s that easy!

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New Report on Highest-Paying Colleges and Majors

Jul 21, 2009

by Scholarships.com Staff

When choosing a college, a number of factors come into play, but for students applying for admission in the middle of a recession, expected salaries undoubtedly play a major role. The website Payscale.com recently published a list of both starting and mid-career salaries, as reported by users of the site, broken down by both college and major. The New York Times Economix blog provides a useful breakdown of this information, which may come in handy for students beginning the college search process.

In general, graduates of top colleges earned more than graduates of less competitive schools, especially at the mid-career point. Starting salaries were also high for graduates from schools that focus on training students for highly technical lines of work. Students majoring in engineering, economics, physics and computer science had the highest salaries, while social work, elementary education and theology were the lowest-paying majors. Music also falls near the bottom...not surprising since few musicians will have as lucrative of careers as, say, Michael Jackson, and "American Idol" often seems to be as viable a route to success as earning a music degree.

There were some surprises, though. For example, philosophy majors actually outranked information technology majors for mid-career salaries, and engineering schools ousted many Ivy League universities for top starting salaries. Additionally, the spread between the top salaries and bottom salaries at many universities was wide; for example, the top quarter of graduates from the lowest-paying school still earned more than the bottom 10 percent of those from the school with the highest median mid-career salary.

While the Payscale report relies on self-reported information from users of the site, rather than a scientific study with random data samples, it still could be useful in choosing a college or choosing a major, especially when paired with other information about the highest paying majors and the value of a college degree. In the end, your choice of major, your choice of college, and your personal drive and abilities will all affect your starting salary and lifetime earning potential. While choosing schools and majors that produce the highest salaries is tempting, playing to your stengths is still likely to pay off the most in the end, and may also give you a better college experience regardless of where you end up.

And don't forget, you should pay for your college education with as much free money as possible! Find as many scholarships and grants as you can before turning to student loans. Visit the Scholarships.com free college scholarship search today where you'll get matched with countless scholarships and grants for which you qualify, then apply and win! It’s that easy!

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Study Compares College Graduation Rates

Jun 3, 2009

by Scholarships.com Staff

If you're planning on attending college, chances are you're also planning on one day graduating.  Depending on which school you choose, getting out in six years or less could be anything from a long-shot to a near certain bet.  A new study has been published by the American Enterprise Institute comparing graduation rates among colleges based on selectivity ratings as part of an overall push for more accountability and transparency in higher education.  In addition to discussing the gaps in graduation rates among schools, the study also lists some of the best and worst performers in each category by name.  If you're a high school junior or senior just beginning to compare colleges, this could be good information to have.

Overall, the data show that about 53 percent of first-time college students at four-year universities graduate from the school they enrolled in as freshmen with six years. The study does not include non-traditional students or transfer students.  Not surprisingly, students at the most selective schools, such as elite private colleges, were among the most likely to graduate from the school at which they initially enrolled.  Six-year graduation rates at individual schools ranged from the single digits to nearly 100 percent across the whole spectrum of schools, with the most competitive category graduating nearly 88 percent of students on average, and the least competitive schools graduating only 35 percent of students.

Graduation rates also varied greatly within selectivity categories.  Two schools in similar locations with similar ratings could have vastly different graduation rates.  This is where the study becomes particularly useful for students choosing between schools.  If you have a roughly equal chance of getting into two colleges, and one graduates a significantly larger percentage of students then the other, it's not hard to imagine that having this information might influence your decision of which school to apply to or attend.  You can read more over at Inside Higher Ed, which also includes a link to the full study. Along with things like available financial aid and quality of on-campus housing, graduation rates are definitely something to consider incorporating into your criteria for your college search.

And don't forget, you should pay for your college education with as much free money as possible! Find as many scholarships and grants as you can before turning to student loans. Visit the Scholarships.com free college scholarship search today where you'll get matched with countless scholarships and grants for which you qualify, then apply and win! It’s that easy!

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The Recession and College Admissions

Apr 2, 2009

by Scholarships.com Staff

Earlier this week, we blogged about the recession making getting into a PhD program more difficult for prospective graduate students.  Prospective undergraduates are also facing a changing admissions landscape, but the picture for them is more complicated. Articles about colleges' admission conundrums have abounded this week as acceptance letters and financial aid notices make their way to anxious high school seniors.

Top schools with big endowments and generous financial aid packages, such as virtually the entire Ivy League, are facing increased applications and some of their lowest admission rates ever.  Meanwhile, other private colleges are admitting more students than last year, and also putting more students on their waiting lists.  Many state colleges and community colleges are also seeing increased interest and jumps in enrollment, and schools with limited resources are forced to turn away a larger percentage of applicants.

All of this adds up to a lot of uncertainty for students, and for colleges trying to create next year's freshman class.  Many sources are saying it also means increased flexibility for some students in terms of negotiating admission or financial aid at their top choice schools.

Since schools are hurting financially and admissions offices are as nervous as students this year about their decisions, students who are able to pay full freight (either out-of-pocket or through a generous outside scholarship award) may face an advantage getting off the wait list, since several schools admit to considering ability to pay when deciding whether to admit waitlisted students. Students who have received an acceptance letter from their dream school, but have been offered larger amounts of institutional aid from other colleges may also have more options this year. Students in this boat may want to let their favorite private colleges know about their dilemma to see if they can get a slightly better offer.  Many schools may be willing to drop a couple thousand extra dollars on you if it will secure your tuition payment.

And remember, there’s no need to rely on expensive student loan options to pay for your college education. For more information on finding free scholarship money for college, conduct a Scholarships.com free college scholarship search today, then apply and win! It’s that easy!

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New Book Explores Student's "Domestic Study Abroad"

Mar 26, 2009

by Scholarships.com Staff

One much-discussed aspect of the college experience is gaining exposure to new people and perspectives.  Another statement that commonly turns up in the college search process is that different schools serve different groups of students--hence the importance of finding a good fit for you.  Many of the most recognizable and commonly referenced differences are based at least in part on the race, gender, socioeconomic status, or country of origin of a college's student population.  A college's mission and ideological and cultural base also play an important role, and exposure to ideological and religious diversity can also be a major component of the college experience.

One student at Brown University recently turned his experiences with such ideological diversity into a book, entitled "The Unlikely Disciple: a Sinner's Semester at America's Holiest University."  The author, Kevin Roose, decided to go on a "domestic study abroad" and enroll at Liberty University, a conservative Christian college, for a semester.  What emerges is, at least according to early reviews, an interesting and balanced look at Liberty from an outsider's perspective, as well as an honest exploration of the author's reactions to his new environment.

If you're in the process of choosing a college, or you're just curious about how wide-ranging the student experience can be in America, this book sounds like an interesting read.  Roose's story is also a reminder for current college students that you don't necessarily need to go to an exotic locale to be exposed to people with a cultural experience markedly different from your own.  Though study abroad occasionally can sound like an expensive and protracted sightseeing trip, Roose's "domestic study abroad" is a reminder of the importance of seeing and experiencing a new culture and place and stepping outside one's own ideological bounds.

And remember, there’s no need to rely on expensive student loan options to pay for your college education. For more information on finding free scholarship money for college, conduct a Scholarships.com free college scholarship search today, then apply and win! It’s that easy!

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CollegeWeekLive

Mar 25, 2009

by Scholarships.com Staff

Are you getting ready to kick off the college search, but unsure where to begin?  Today and tomorrow, prospective college students can participate in CollegeWeekLive, a free college prep event featuring college admissions and financial aid information from schools and experts across the country.  The event takes place online at CollegeWeekLive.com and kicks off today at 10 AM EDT, with the first keynote address scheduled for 11 a.m.

Participants in CollegeWeekLive will be able to visit virtual information booths and speak with admissions officers from colleges of all sizes in every part of the United States, as well as several online and international schools.  Current students from over 75 colleges will also be available to chat live and answer your questions about student life.

Admissions, testing and financial aid experts will also give live, streaming presentations throughout the day both days.  Topics range from athletic scholarships to standardized test preparation.  Speakers include Scholarships.com's Kevin Ladd, who will be sharing information and advice about finding and winning scholarships.  Kevin will be speaking at 5 PM Eastern tomorrow, so take the opportunity to hear what one of our scholarship experts has to say!

If you're a current high school student thinking ahead to college, this is a great event to check out.  Learn about colleges you may want to attend without spending hours in a car, and hear what people in the know have to say about paying for school.  Students who register also have a shot at winning prizes.

And remember, there’s no need to rely on expensive student loan options to pay for your college education. For more information on finding free scholarship money for college, conduct a Scholarships.com free college scholarship search today, then apply and win! It’s that easy!

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